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Indonesian (IDX) Steel Industry Analysis

UpdatedJun 01, 2026
DataAggregated Company Financials
Companies8
  • 7D1.8%
  • 3M-27.2%
  • 1Y46.7%
  • YTDn/a

In the last week, the Steel industry is up 1.8%, with Steel Pipe Industry of Indonesia up 2.9%. This means that the industry has gained 47% over the past year. As for the next few years, earnings are expected to grow by 27% per annum.

Industry Valuation and Performance

Has the Indonesian Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 02 Jun 2026Rp75.0tRp50.4tRp12.0t12.6x6.2x1.5x
Thu, 30 Apr 2026Rp90.9tRp48.1tRp11.2t14.5x8.1x1.9x
Sat, 28 Mar 2026Rp95.2tRp47.5tRp5.6t9.1x17.1x2x
Mon, 23 Feb 2026Rp101.9tRp48.1tRp6.0t10.6x16.9x2.1x
Wed, 21 Jan 2026Rp101.2tRp48.1tRp6.1t11.5x16.7x2.1x
Fri, 19 Dec 2025Rp73.2tRp47.6tRp6.0t11x12.2x1.5x
Sun, 16 Nov 2025Rp70.2tRp47.6tRp6.0t10.6x11.7x1.5x
Tue, 14 Oct 2025Rp70.8tRp47.4tRp2.5t16.9x27.9x1.5x
Thu, 11 Sep 2025Rp54.6tRp48.7tRp3.5t11.4x15.7x1.1x
Sat, 09 Aug 2025Rp56.7tRp44.3tRp3.7t11.7x15.3x1.3x
Mon, 07 Jul 2025Rp49.8tRp44.2tRp4.1t10.6x12.3x1.1x
Wed, 04 Jun 2025Rp48.0tRp44.4tRp4.1t11x11.8x1.1x
Fri, 02 May 2025Rp43.3tRp45.4tRp3.6t6.1x12.1x1x
Sun, 30 Mar 2025Rp45.1tRp51.4tRp4.0t6.9x11.4x0.9x
Tue, 25 Feb 2025Rp41.5tRp55.8tRp6.0t3.9x6.9x0.7x
Thu, 23 Jan 2025Rp50.4tRp55.9tRp5.9t4.9x8.5x0.9x
Sat, 21 Dec 2024Rp56.6tRp55.6tRp5.9t5.5x9.6x1x
Mon, 18 Nov 2024Rp63.3tRp54.7tRp5.8t6.5x10.9x1.2x
Wed, 16 Oct 2024Rp73.2tRp56.0tRp7.0t6.9x10.4x1.3x
Fri, 13 Sep 2024Rp67.6tRp55.7tRp6.9t6.5x9.8x1.2x
Sun, 11 Aug 2024Rp67.1tRp55.4tRp6.3t6.6x10.7x1.2x
Tue, 09 Jul 2024Rp68.5tRp57.6tRp6.7t7.3x10.2x1.2x
Thu, 06 Jun 2024Rp66.4tRp65.3tRp6.9t7.1x9.6x1x
Sat, 04 May 2024Rp67.2tRp67.6tRp6.4t7.7x10.6x1x
Mon, 01 Apr 2024Rp66.3tRp67.7tRp6.3t7.7x10.5x1x
Wed, 28 Feb 2024Rp74.4tRp65.6tRp3.8t10.4x19.5x1.1x
Fri, 26 Jan 2024Rp68.8tRp66.5tRp3.9t10.9x17.8x1x
Sun, 24 Dec 2023Rp68.0tRp65.3tRp3.8t11.7x17.9x1x
Tue, 21 Nov 2023Rp61.1tRp70.5tRp4.6t8.9x13.4x0.9x
Thu, 19 Oct 2023Rp64.8tRp71.2tRp4.5t9.7x14.4x0.9x
Sat, 16 Sep 2023Rp71.5tRp69.7tRp4.4t10.5x16.2x1x
Mon, 14 Aug 2023Rp55.3tRp70.9tRp5.0t7.9x11x0.8x
Wed, 12 Jul 2023Rp57.7tRp76.3tRp6.0t8.5x9.6x0.8x
Fri, 09 Jun 2023Rp48.0tRp77.2tRp7.5t6.7x6.4x0.6x
Price to Earnings Ratio

6.4x


Total Market Cap: Rp48.0tTotal Earnings: Rp7.5tTotal Revenue: Rp77.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Indonesian Steel Industry Price to Earnings3Y Average 12.5x202420252026
Current Industry PE
  • Investors are pessimistic on the Indonesian Steel industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 6.2x which is lower than its 3-year average PE of 12.5x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have grown 17% per year over the last three years.
  • Meanwhile revenues for these companies have declined 13% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Comparison

How does Indonesian Steel compare with similar industries?

ID Market0.87%
Materials2.08%
Metals and Mining2.25%
Steel1.84%
Copper13.79%
Gold1.90%
Diversified Metals and Mining-2.61%
Aluminum-16.45%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
BAJA Saranacentral BajatamaRp147.000.7%
+Rp1.8b		17.6%PS0.3x

Latest News

GGRP
Rp292.00
Gunung Raja Paksi
7D
-0.7%
1Y
n/a
ADMR
Rp1,530.00
Alamtri Minerals Indonesia
7D
-1.3%
1Y
47.8%
NIKL
Rp248.00
Pelat Timah Nusantara
7D
-1.6%
1Y
10.7%
BTON
Rp374.00
Betonjaya Manunggal
7D
-1.1%
1Y
-6.5%
ISSP
Rp422.00
Steel Pipe Industry of Indonesia
7D
-1.4%
1Y
41.6%
BAJA
Rp147.00
Saranacentral Bajatama
7D
0.7%
1Y
17.6%
KRAS
Rp214.00
Krakatau Steel (Persero)
7D
-7.0%
1Y
63.4%